Why Does This Buckhead Condo Cost Less Than $100K? by Josh Green It’s not often a two-bedroom, two-bath condo with heated floors pops on the market for sub-$100,000 in Atlanta. Such is the case with this crisp, retro unit in the heart of Buckhead’s “Platinum Corridor,” whatever the hell that means. This begs the question: Why so cheap? The […]
Posh homes are getting harder to sell ?
FOREST HILL – 16 Vesta Drive It is a 4+1 bedroom, 7 bathroom new build on a 50 x 126.37 foot lot. This house was first listed last January for $5,195,000. That’s just $73,000 less than the recent sale price of 190 Forest Hill Road. As I mentioned in my first post, if this was the kind of […]
Credit Suisse : ‘No clue if Canada will have soft or hard landing’ ?
Well, that simply means we haven’t even landed yet. Now that brings us to the question why did our real estate board say we had correction for more than one year already ? Realtor Conspiracy ? Credit Suisse on Canada’s housing market: ‘Not clear whether the final landing will be hard or soft’ Credit Suisse […]
Real Estate Reigns, Cheap Money Rules
Low rate pledge seen recharging Canada’s housing boom The Bank of Canada’s surprising signal on Wednesday that it will not raise interest rates any time soon will lift the housing market and give indebted households breathing room, but it leaves many apprehensive there will be a hard reckoning.
How Many ‘Greater Fools’ Does It Take to Make a Bubble?
Housing bubble, take 2 As homes in hard-hit cities languish in foreclosure, U.S. housing prices are reaching dangerous new heights America’s housing collapse was supposed to be the kind of catastrophe that comes around once in a generation. Instead, some analysts are warning that a new bubble is forming just five years after the last […]
Vintage Condo In Toronto Posh Neigborhood Asking for $90K Premium In Just One Week
Life is good. And this not the slogan of LG the Korean appliance maker. This is slogan of Summer Hill vintage condo … Where else on earth can you get a premium of 100 grands for a vintage condo with “killer” grade maintenance fees in less than a week ? SUMMERHILL 141 Roxborough Street West This […]